Last week’s Impressionist auction at Christie’s met with limited success. Degas’ Little Dancer failed to sell. The experts feel the $25 million estimate was too aggressive. Many of the lots didn’t sell. It’s the economy, stupid!
So we move from the sublime to the ridiculous. The Contemporary Art auctions will be held this week. There are a few interesting lots but I have chosen to focus on the pieces that I simply don’t understand. They strike me as preposterous and the estimates make me dizzy.
I’m probably going to catch some hell for this. This is Untitled by Jean-Michel Basquiat who I cannot stand. This is a terrible piece. It’s infantile scribbling. Basquiat helped legitimize graffiti as an art form. The people who deemed graffiti “art” lived uptown and didn’t have to look at it every day while walking to the corner bodega for a quart of milk. It got old. Take my word for it. And stupidly throwing your successful life/career away on a heroin overdose is inexcusable. Estimate: $900,000-1,200,000. Sold for $2,546,500.This is 6765 by Mario Merz. 85 stacks of aging newspapers with glass plates and neon tubes. Actually, I saw something just like this last weekend at the town recycling center. Estimate: $750,000-950,000. Sold for $1,426,500.
Flowers, Mary’s Table by de Kooning. I don’t like ANYTHING de Kooning did. It’s noise. This piece gave me a headache just by walking past it. Ready for this? Estimate: $8,000,000-12,000,000. Totally worth it. Did not sell.
Another head-scratcher. One and Three Coats by Joseph Kosuth is a photograph of a leather coat, the leather coat and the definition of coat. Again, I ask, where is the artistic merit in this? And where would you proudly display it? Estimate: $140,000-180,000. Sold for $146,500.


















